Any Advice on Financing an RV Purchase?
Hello All, Sorry for this long email, I am a little depressed as I got denied for a loan recently and trying to get approved. Please give me feedback if you have any? I recently attempted to pur...
Forum Discussion
Tvov wrote:
If you really want to get loan, have you tried buying from a dealer? See what they have for used (or new) units. Dealers usually have their own arrangements for loan companies, they WANT you to buy one of their RVs! Just be careful, and pay attention to the small print!
The OP said it was through a dealer, which is why I am so baffled. OP has a great Credit score and if anyone should be able to get you financing it should be the dealer. They may not get you the best interest rates but they lose if you don't get the financing.
In my experience Credit unions are not the best source for RV financing. Credit Unions like to keep things simple and avoid risk. I have a great Credit Union, but they have little interest in RV's, boats etc. I know their RV rate is 9.9% If you found different - fantastic.
